Power Sports Factory (fka PSPF)

[SPEEDTRADER]

PSPF NEWS
Power Sports Factory Signs Definitive Agreement to Expand Its International Distribution Channels
PHILADELPHIA, Feb. 4, 2010 (GLOBE NEWSWIRE) -- Power Sports Factory, Inc. (OTCBB:PSPF - News), an exclusive importer and distributor of fuel efficient motorbikes and scooters under Andretti and Benelli brands and America's only Publicly Traded Bike Sharing Company, today announced that they have signed a definitive agreement with Exclusive Venture Capital, an International Advisory Group.

Exclusive Venture Capital will assist Power Sports Factory with its international sales strategy and in fundraising, helping to identify potential international joint-venture partnerships and acquisitions located in Latin America and Eastern Europe.

Power Sports Factory, Inc. President Steve Rubakh commented, "As we transition from a Scooter Distributor to a Green Alternative Transportation Company, it's important to align ourselves with firms that have international reach. We believe that working with Exclusive Venture Capital will help us build international distribution for scooters and bike share systems."

Power Sports Factory, Inc. (OTCBB:PSPF - News) imports, markets and distributes motorbikes principally under the "Andretti", "Benelli" and "Yamati" brands. Power Sports Factory is the only company with motorbikes endorsed by racing legend Mario Andretti. The Andretti line combines top performance, competitive pricing and cutting-edge European design from Benelli, the designer of some of the best motorcycles and motorbikes in the world. The Andretti & Benelli Product Line is known for its high-quality construction and superior styling, making it the smart choice for consumers. With today's volatile price of fuel, motorbikes are a smart alternative for people looking for superb gas mileage. For additional information, please visit www.powersportsfactory.com and www.sec.gov.

The Power Sports Factory, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6670

Bike Share Source(TM) is the Company's recently launched alternative transportation division. This new division markets Bike Sharing Systems to municipalities and transit agencies, property managers and real estate developers, colleges and universities, military institutions, hotels, parks and other transportation related operations. Additional information is available at www.bikesharesource.com.

"The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Factors that may cause actual results to differ materially from those expressed or implied by its forward-looking statements include, but are not limited to, Power Sports Factory's limited operating history and business development associated with being a growth stage company; its dependence on key personnel; its ability to execute its business strategy; the intense competition it faces; risks associated with disruptions of its international supply chain; its exposure to product liability claims resulting from the use of its products; general economic and capital market conditions; its ability to raise additional capital; as well as those risks described under the heading "Risk Factors" of Power Sports Factory's Form 10-K, filed with the Securities and Exchange Commission on April 15, 2009. Although Power Sports Factory believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct."